Logitech International's Total Assets for the quarter that ended in Dec. 2023 was $3,660 Mil.
Warning Sign:
If a company builds assets at 18.2% a year, faster than its revenue growth rate of 16% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Logitech International's average Total Assets Growth Rate was -22.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 18.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.50% per year.
During the past 13 years, Logitech International's highest 3-Year average Total Assets Growth Rate was 54.30%. The lowest was -12.00%. And the median was 9.30%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Logitech International's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Logitech International (NAS:LOGI) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Logitech International's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Logitech International Total Assets Related Terms
Thank you for viewing the detailed overview of Logitech International's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Logitech International (Logitech International) Business Description
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LOGI has been successfully added to your 